Berkshire Bank Promotes Allan Costello to EVP, Home Lending

PITTSFIELD — Berkshire Bank announced that Allan Costello has been promoted to executive vice president, home lending and will join the bank’s executive team.

Costello has more than 30 years of experience in the banking industry with expertise in risk management, compliance, accounting, internal audit, and operations. He will lead the sales and operations functions of the home lending division, including loan origination, underwriting, compliance, processing, and servicing.

Costello joined Berkshire Bank in 2011 and held the position of senior vice president, audit before transitioning to the home lending division. Prior to Berkshire Bank, his career was focused in the financial field, including director at Accume Partners, divisional vice president of bank protection at Charter One Bank, and chief financial officer at Rhinebeck Savings Bank. He holds a bachelor’s degree in accounting from Siena College and completed the American Bankers Assoc. three-year graduate banking program. His certifications include certified internal auditor and certified fraud examiner.